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Telecom Italia Unveils 2024-2026 MT Targets

COMMUNICATIONS



  • Looks positive for spreads at first glance.
  • Group Targets: +3% Rev CAGR, +8% EBITDAal CAGR, leverage of 1.6-1.7x from 3.8x at FY23
  • Plans for EUR 400mn savings by 2026 through cost transformation.
  • Strategic focuses include stabilizing TIM Consumer's core business, accelerating TIM Enterprise's revenue in ICT sectors, and growth in TIM Brasil.

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